CARE assigns “CARE A+”rating to Shree Ganesh Jewellery House’s NCDs

Credit Analysis & Research (CARE) has revalidated and assigned rating of “CARE A+” to Shree Ganesh Jewellery House’s non convertible debentures (NCDs) and long term banking facilities. The credit rating agency has also assigned the rating of “CARE A1+ “for company’s short term debts (including Commercial Paper) along with its short term banking facilities.

The company is one of the largest manufacturers and exporters of handcrafted gold jewellery in India. Its  products include handcrafted and hallmarked gold jewellery, gold enameled jewellery and gold jewellery studded with precious stones such as diamonds, rubies, emeralds, sapphires, pearls, etc. and semi-precious stones such as garnet, cubic zirconium, etc.